Fine Tubes, Ltd. & Superior Tube Co., Inc.

Two independently operated metal tube manufacturers, located on opposite sides of the Atlantic, held back from meeting the demands of the market by their substantial production bottlenecks

We envisioned:

A combined global entity which leads the market in flawless, high-performance metal tubes; one that proactively anticipates market needs and is deeply valued by customers for making zero-default products for quickly growing end markets

Watermill:

Unlocked synergies between these two complementary specialists in elite metals

Prioritized research and development

Improved manufacturing operations

Increased production capacity

Accelerated global growth

We implemented our strategy and exited the investment to a strategic buyer for a significant return on invested capital.

They've been doing this for a long time. And they know what they’re doing. I think, also, their ability to attract talent for (holding) companies is a real strength. When they do buy these companies, they put good people in them to manage them — Investor